Member Info for Porky9

@Freddleboy

So what, do you have shares in it?

Stock was down -9% yesterday

Mothercare is up 7% today, do you own shares in that one?

That’s how relevant your point is

BTW -

@PatientInvestor

That’s a tough one because if THX actually paid the deposits over to VAL it would automatically become binding hence no issue. Job done.

The problem is that THX are potless. She could make it binding for £1 subject to the rest of the cash landing by x date but even that’s risky as this whole position is focused around IF VAL get paid or not and THX have had a terrible history of not delivering on what they say.

Personally I’m not sure of the legalities of a plc agreeing sale of assets to a company on a “promise” of a future payment knowing they don’t actually have the liquidity to honour it. So this comes right back to proof of funds? @Minnissage is probably better qualified to answer that?

In deals I have been involved in normally we want to see proof of funds, a bit like selling your house and your solicitor wanting proof the buyer has a mortgage arranged to go on and complete the sale.

@Betterlife

Look IF Valirx want to be considered as Investable, attract II, HNW, family offices, boutique investment houses etc etc etc and NOT be seen as a lifestyle business then the bigger questions need to be answered.

Sticking you head in the sand, constantly posting the same ramps and having any contra point removed is not the answer is it?

This should be an investment forum for “New Investors” to explore stocks, evaluate good and bad and not be an extension of a share owners telegram group that wants to police the forum and turn it into a 24hr Ramping echo chamber

Amazing my posts remain today, that’s a refreshing change we might actually be able to discuss this issue, good or bad for once.

What @PatientInvestor suggests is not a bad idea to be fair. IF there is any truth in these posted rumours about funds raised , which is really my key issue, ie I don’t believe there is any cash already raised to pay VAL and as such expect Shareholders to be picking up the tab via a much discounted placing, Suzy could issue full clarity via RNS saying something to the effect that she has been advised by THX and seen evidence of same that the sum of X was raised on Y date being held on deposit in the Cayman Islands and that on merger of THX with EUDA the sum of X is being paid to us within x days which totally removes any requirement to raise capital before H2 2024. Job done. If she does that it totally destroys my argument.

There are a couple of curved balls though:-

1. if/when new merged entity happens IF it had cash they could request a revision of the terms offered under the LOI. Due to the significant change in market conditions over the last couple of years. It would be a new legal entity with its own investors to consider.

2. There is also risk that Heads of Terms could be agreed for the merger but still another few months to complete the legal frame work of same etc hence delaying it. BUT if cash is proven to be included in the deal and it’s agreed it’s being paid to VAL then I believe SH here would be supportive.

Certainly it is worth a try. She can’t state something in an official channel that is not true but I very much doubt she could do this because a) if she could it would have been done already, she is not totally incompetent b) I don’t believe there are funds ready to deploy only a “promise they can go on and raise funds” on merger with EUDA which is very different to having cash ready to deploy and what they have been saying already for over two years yet delivered nothing hence why I believe the placing here bolted on.

Frankly I believe THX have led her on a merry dance and she will shortly need SH support but @PatientInvestors idea is worth a try

@Minnissage

Why do you care if THX merge or Not?

We only care if THX pays VAL before VALs cash runway is out shortly

Cash from THX or cash from Shareholders - nothing else matters

Total binary play

They didn't pay the basic 10k pcm lab fees when they said they would, let alone meet any of the timelines yet some here expect things to be different. Doing the same thing supporting this outfit yet expecting a different outcome.

But it matters not, there won't be any payment from THX before the cash runway is out at VAL and that's simply because there is no money already raised being held on deposit anywhere. No proof of same anywhere.

Once the stateside RNS lands regarding IF/When heads of terms are proposed on the THX/EUDA merger there wont be any mention in it of cash included in the deal - watch this space

@Paperprofits

I did reply to you three times but the post was removed by the ramping crew.

Anything that questions this share is deleted

@PM2022

You have already had an eye watering share price rise from 5p to this stupid level and you want to ramp for more!!!

Now you have your echo chamber here in addition to telegram the four of you and your second accounts can all agree with each other that the price should be higher - lol, good luck with that when the resolutions here land.

Talk about selective posts - the stock was down -9% yesterday

This message will be removed just like my earlier points: ZERO evidence

Point me to ANY evidence of this 60m plus raised. Ok, Point me to the prospectus that outlined the terms, rate, valuation raised at - you can’t because it’s complete nonsense. The chances of the Merger completing with 60m held in it for distribution are ZERO and that will be confirmed shortly.

Pumping the SP and chucking the odd bit of cash at this to keep the SP at this artificial price to get the placing away at a higher level will only work for so long. You guys have milked this for all it’s worth. There is no proof what so ever and when that stateside RNS drops I guarantee there will be no mention of 60m plus of cash in the deal.

Even Mr Roark couldn’t deliver a fantasy that big

Riddle me this @Laura2022

Why do you care if THX merge with EUDA or not? Unless you own stock / have interests in either business?

What they do is up to them and in THEIR investor interests not VALs and certainly not PYCs

The merger of THX /EUDA and THX paying VAL any cash before VALs cash runway is out at the turn of the year are two mutually exclusive events.

The merger IMO won’t have any cash in it, watch this space. Just a promise they can raise just like the last two plus years, as such the SP over at VAL will fall like a brick as their shareholders will quickly realise that the cash to keep the lights on over at VAL into the new year can only come from a placing.

The focus on the forums by the ramping crew including you, regarding the merger is a distraction. Nobody cares. All we care about is a) if there is cash in the new created company, I believe it’s no, but this is what the rampers claim, well north of 60m to be precise b) IF and it’s a big IF would the merger complete in time and get cash to VAL in time if they did have funds and c) again IF they have funds would the deal still stand or would they want to renegotiate? I would expect any NEW board acting in their shareholder interests to at least try to secure better terms. They are not a charity.

My own view is that THX might merge BUT they still won’t have any cash. I just don’t believe for one jot there is this mystical pot of 60m plus on deposit in the Caymans that is ready to deploy - I think practically everyone on the LSE forum deep down knows it to but much prefers the fantasy version, who wouldn’t.

VAL will place again shortly at discount, watch this space, not out of VALs desire but out of necessity - if VAL don’t raise the alternative is lights out if THX don’t pay up and with numerous false promises for over two years I believe it will be much of the same.

So IF the THX /EUDA merge deal doesn't land with cash included, this means that VAL don't get their £1.3m paid and in turn PYC don't get their 6% or £78k of fees paid.

As i have said before i would prefer Jim here to focus on paid work NOT free work, anyone can be a busy fool. The VAL 201 deal should have been a paid and invoiced job as i see it, likewise this recent award that is costing PYC 30% and at the same time taking staff off other possible paying jobs. Who authorised Jim to carry out unpaid work at Shareholders expense?

I really question the commercial acumen of some of these businesses in this sector. If they were in the private sector and NOT on the AIM squandering easy to come by Investor cash on vanity projects that don't deliver revenue, this sort of nonsense business situation wouldn't happen frankly.

@PatientInvestor

I have absolutely no issues with anyone. I do my own research and make my own calls. I deal in analysis, facts and figures not hopeium.

I share my opinion and anyone with a contra view is welcome to counter them.

Willing to bet that the EGM for the discounted placing comes FIRST before anything else.

No cash in the THX merger is my call

Further support from shareholders will be essential to continue to trade into the new year

Will know shortly

Sounds like they were sold a pup when they purchased that Rig

You couldn’t make this up

Think this is the new board for Grafenia following the name change

@RB

It’s actually the reverse

It’s a couple of people bobbing in and out with £20k to try and stimulate keeping the SP at this false level and ramping on here. Moment the resolutions and EGM confirmed you won’t hear from these posters again. Placing then confirmed.

Meanwhile, chance of THX confirming the new coy has cash i put at absolute ZERO

Oh forgot to add regarding all your messages:

PEDUAM KAFER SOTH

No nobody has blocked your account.

LSE would have to give you a specific reason for blocking your account and frankly you can ramp all day long I couldn’t care less, I’m just telling you here how it is.

I think you should really fill your boots at this level, please buy as much stock as you can get. If it helps those trapped get out I’m all for it.

SP is currently massively over inflated and will come crashing down to the placing level shortly. What you are betting on is being able to ramp it to get a placing away at a higher price - it won’t work. Buyers have had more Jam tomorrow than they can swallow. If Turner Pope get it away at 4p I will be impressed.

VAL have no option but to place and that’s what will come next. Just awaiting the proposed resolutions and EGM date and it will come for sure. No doubt about it. But please keep ramping clock is ticking and VALs window to call the EGM is getting shorter by the hour

@CastorTroy

For a bit of perspective, VAL are out of cash runway at the turn of the year. You dont need to Buy now and THX don’t need to activate the LOI and pay VAL the deposit. Not that they will anyhow but my point is, just kick it in the long grass, wait a few weeks and you will be able to pick up the entire company for less than the LOI deposit.

VAl are out of funds shortly where exactly are they going to go? that’s business. Even if they can get support from Turner Pope to place you could still, at worst pick off a big chunk of the business for less than the LOI deposit.

Anyhow good luck with your ramping campaign

@OB

Doesn’t matter if they merge or not, it’s of no benefit what so ever unless the new created company has cash in it to deploy and it then goes on to honour previous THX commitments without renegotiation.

Appreciate that I’m currently known to be negative here but I genuinely haven’t found any evidence that they have 60m ready to deploy from anywhere. But also, do you not think that if THX had raised 60m VAL would put out an RNS saying “our chosen partner has raised 60m by way of x shareholders at y price and z value and subject to merging has confirmed they will be paying us £x ?” No reason not to if it’s true. The reality is THX only THINK they have more chance of raising and it’s been like this for years whilst SH keep paying. Trying to raise doesn’t pay staff salaries does it. VAL need cash now, circa 6 weeks cash runway left.

I absolutely guarantee VAL will place here. I know that won’t bother you as you are very very long term and ultimately you will come out the other side but short term that’s what will happen, it’s bolted on IMO its just a matter of what price they can secure support at.